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Zacatecas Silver outlines 2026 corporate update and upcoming drill program
Summary
The article reports the company has finalized a 4,000‑metre drill program at the Zacatecas Silver Project pending final approvals and highlights the Esperanza Gold Project alongside recent improvements in Mexico's open‑pit permitting environment.
Content
Zacatecas Silver has issued a corporate update summarizing operational progress in 2025 and plans for 2026. The company reports completion of corporate rebranding, strategic financings, and preparatory work to resume exploration. Management emphasizes a near‑term drill program at the Zacatecas Silver Project and notes regulatory developments in Mexico that could affect advanced, open‑pittable projects such as Esperanza. The article also highlights community access agreements and surface access arrangements that are intended to support upcoming field work.
Key developments:
- The article states a 4,000‑metre diamond drill contract was executed with Major Drilling to test targets at the Panuco and El Cristo vein systems.
- It reports unanimous approval and execution of a community access agreement with the Ejido Panuco and finalized surface access agreements with private landowners at El Cristo.
- The Zacatecas Silver Project resource figures cited include 3.41 million tonnes at 187 g/t AgEq for 20.5 million ounces AgEq (19.0 million ounces silver and 19.2 thousand ounces gold) at the Panuco vein system.
- The Esperanza Gold Project resource figures cited include a Measured and Indicated resource of 30.5 million tonnes at 0.97 g/t AuEq (956,000 ounces AuEq) and an Inferred resource of 8.7 million tonnes at 0.98 g/t AuEq (277,000 ounces AuEq).
- The article notes recent regulatory signals in Mexico, including the granting of an open‑pit permit to Silver Tiger Metals for El Tigre (the first new open‑pit permit since 2020) and mentions that silver was added to the U.S. critical minerals list in 2024.
Summary:
The update presents operational milestones and preparatory work ahead of drilling at Zacatecas, and reiterates the company’s position on the Esperanza asset in light of shifting permitting signals in Mexico. Next steps reported include securing final administrative approvals and commencing the 4,000‑metre drill program, while the company continues evaluation of strategic options for Esperanza. Undetermined at this time.
Sources
Zacatecas Silver Provides Corporate Update for 2026 and Highlights Upcoming Drill Program at Silver Project
The Star1/8/2026, 1:15:34 PMOpen source →
Zacatecas Silver Provides Corporate Update for 2026 and Highlights Upcoming Drill Program at Silver Project
Financial Post1/8/2026, 1:04:21 PMOpen source →
